Do your Tax with TaxTim and WIN R10,000 More info T&C's apply

Pension fund - What are the requirements?

Posted 2 June 2014

Is it mandatory for employer/employee to contribute to pension fund? Are the rules different for local hires and for deputies sent from another country?

TaxTim says:
2 June 2014 at 18:06

No it is not mandatory, this is up to the company to decide if they wish to offer this to the employees.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Dividends. Bookmark the permalink.

Blog Categories

Salary / IRP5 (4,703 posts)
Independent Contractor (996 posts)
Provisional Tax (673 posts)
Medical (968 posts)
Capital Gains (409 posts)
Donations (246 posts)
Deductions (3,825 posts)
Commission (1,055 posts)
Rental Income (973 posts)
Retirement (1,044 posts)
Dividends (1,047 posts)
Depreciation / Wear and Tear (354 posts)
Penalties (784 posts)
Travel Allowance (772 posts)
Audit / Verification (2,675 posts)
Tax Threshold (497 posts)
Foreign employment income (203 posts)
SARS & eFiling (2,108 posts)
Company Tax (2 posts)
Foreign Investment (1 posts)
PAYE & UIF (50 posts)
Source Code (2 posts)
Foreign Income (1 posts)
TaxTim in the Media (1 posts)
Tax Tables (3 posts)
Financial Literacy Series (3 posts)
Cryptocurrency (3 posts)
Auto-Assessments (1 posts)

Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.

New to Tax? Start Here

Living or Working Overseas

Earning Extra Income

Claiming & Deductions

SARS & eFiling

After You File

Company (Pty) Tax

Quicks Links

Retirement

Pension fund - What are the requirements?

Blog Categories

Ask TaxTim